ABSTRACT

One of the most significant aspects of the Principles is the section on ‘responsibilities’, in which Shell identifies its five key stakeholders: shareholders, customers, employees, those with whom Shell does business, and society. The Principles cover a very wide range of issues, including economic principles, business integrity, political activities, health, safety, environment, community and competition. The Principles are a living document in that they continue to change over time. They have been through six revisions. Shell’s Principles are grounded in management systems. Shell is active in an array of corporate responsibility initiatives and organisations, including, among others, the UN Global Compact the World Business Council for Sustainable Development, the Voluntary Principles on Security and Human Rights and the Business Principles for Countering Bribery. The objectives of Shell companies are to engage efficiently, responsibly and profitably in the oil, gas, chemicals and other selected businesses and to participate in the search for and development of other sources of energy.